BELOW are excerpts of viewpoints from two selected research houses on what investors can expect in the day ahead:
Berjaya Research
The FBM KLCI extended its decline on Monday, tracking the broad-based weakness across regional markets as renewed concerns over US-China trade relations dampened risk appetite.
Market breadth remained deeply negative, underscoring persistent selling pressure across sectors.
However, overall trading activity rose with total volumes rising to 3.57 billion shares from 3.23 billion shares last Friday, reflecting heighted selling pressure. As a result, lower liners also retraced, weighed by profit-taking.
Despite its subdued close yesterday, the FBM KLCI’s intraday recovery from earlier losses suggests potential for a near-term rebound.
The overnight recovery on Wall Street may also lend support to bargain-hunting activities, paving the way for a possible technical recovery.
Nevertheless, any further upside could be contained in the absence of fresh catalysts with investors likely shifting their focus to the upcoming US corporate earnings season.
Technically, the FBM KLCI opened with a gap-down before recouping most of its intraday losses, forming a constructive setup for short-term stabilisation.
A decisive recovery above the 1,622 level to close the gap may prompt further upside towards the immediate resistance at 1,638 points which is followed by the 1,660 level. Meanwhile, support levels are seen at 1,620 points and 1,611 points respectively.
Malacca Securities Research
Following the recovery in the US, we expect the local bourse to snap its selling pressure and rebound today.
The market will also be focusing on news of Getting Bhd’s plan to privatise Genting Malaysia Bhd at RM2.35 with the latter’s share price poisded to trade nearer to that zone.
Amid lingering US-China tensions and Top Glove Corp Bhd’s recent positive results, traders may continue to look for trading opportunities in glove-related counters.
On the local front, we still favour the solar segment following the Budget 2026 announcement.
Lastly, investors may also focus on the upcoming ACE Market IPO (initial public offering) EI Power Bhd (M+ target price: 42 sen) which will be closing its application today (Oct 14).
The FBM KLCI continued to trade on higher-lows pattern but with technical indicators trading on a weakening sign as the MACD histogram has expanded into the negative territory while the RSI is hooking down.
Resistance is anticipated around 1,630-1,635 while support is located at 1,595-1,600. – Oct 14, 2025
